Senior Catastrophe Modelling Analyst

Key Skills

Java Programming, Analytical and Problem solving, Python Programming, SQL, GIS, R Programming, VBA

Job Description

The AIG catastrophe management function is one of the largest in the industry and employs over 100 professionals worldwide across multiple geographies. Day to day pricing and roll-up is carried out at our Centre of Excellence (CoE) in Bangalore, India. The Regional Catastrophe Management Team acts as a conduit between the CoE in Bangalore, and the Underwriting, Risk, and Actuarial functions in London and across UK & Europe. The primary responsibility of this role is to act as the catastrophe business partner, for all our insurance business written out of UK & Europe. The business will primarily be Commercial Property and Onshore Energy but will also include other lines. Our Corporate Catastrophe Management Group and R&D Groups are based in New York and Philadelphia.

Role Description

• Own the relationship between the catastrophe modelling team and the UK & European Underwriting functions, providing advice and data driven insights that will support underwriting decisions
• Be a best practices expert for the team in London, the CoE, and operational groups across the company. Proactively review and propose new or changes to, and play a key role in developing our systems, processes, and strategies.
• Support the legal entity and regulatory processes, playing a primary role in ensuring effective and timely regulatory reporting to our internal and external stakeholders
• Provide support on event response process to ensure timely communication of impacted exposures.
• Manage smaller projects or aspects of larger projects to ensure engagement and delivery to the wider business
• Train and support other catastrophe management team members in the use of advanced modelling and technical approaches

The role is suited to someone keen to progress their career in catastrophe modelling, who is self-motivated to research and learn new techniques. They would be expected to contribute to the skillset and experience of the existing team.

Technical Skills and Expertise

• Catastrophe modelling experience
• Hands on and technical understanding of at least one vendor model (RMS preferred)
• Strong SQL skills and a good understanding of vendor model data structures
• An additional programming language (R / VBA) or GIS skills would be a bonus
• An interest in the science of catastrophe modelling, and an ability to document concepts, model reviews, and model validation as required
• An ability to communicate technical concepts in a non-technical manner, to a wide range of audiences
• Effective time management skills and a willingness to work on multiple projects with multiple stakeholders, in a rapidly changing environment
• Strong analytical and problem-solving skills

Please note applicants need to have a right to work in the UK.

We are an Equal Opportunity Employer

American International Group, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At AIG, we believe that diversity and inclusion are critical to our future and our mission – creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.